Lobster Shorts finances, stock market

Out Of This World Stock

Disclaimer: I am not a financial professional. This my own personal, uneducated journey through the stock market. Do not use this blog for financial advice.

Let me start by saying, I have no idea if this stock is any good or not, but I bought it because it sounds exciting. I bought one share of MDA Ltd for $15.48. MDA is a Canadian company, and an international space mission partner that works with robotics, satellite systems and geointelligence. AAAANNNNDDD they are working towards moon colonies (according to this website)!!!!! I want in on that.

My previous stocks were starting to look up last week, but took a bit of a nose dive today,, so maybe it was a good day to buy that stock? Again, do NOT take financial advice from me. Consult a professional.

Lobster Shorts finances, stock market

New Stocks for May 2021

Disclaimer: I am not a financial professional. This my own personal, uneducated journey through the stock market. Do not use this blog for financial advice.

I purchased my May stocks a couple weeks early. I bought one share each of ThredUp and Cricut, both of them new on the market. Why? Because crafty things are fun and I’m getting bombarded while I watch YouTube with Youtubers sponsored by ThredUp. I don’t think Cricut was the best choice at the moment, who has the money to buy super expensive craft gadgets in this COVID economy? But then again, one of my girlfriends recently bought one, and she’s loving it. I almost bought one myself. ThredUp is an online clothing thrift store and I’m seeing it come up a lot on Youtube through sponsorships. Because these were American companies, I had to pay a currency exchange rate on the stocks.

I’m going to post a chart of how my stocks are performing below. Under the total column you’ll see the bottom line. I use WealthSimple for my trading platform. They don’t charge broker fees, but they do charge currency exchange fees. So some of these stocks aren’t doing as bad as they seem, because if they were in USD, I had to pay an exchange fee. If it’s a Canadian company, there were no fees for me. For example I bought Vizio for $21.47, but with the currency exchange, I ended up paying $27.44. So even though I’m down $4.30, the stock has been going up. Not Wish though. Wish has been performing the worst.

The bottom line is in the total column. So far I’m down $38.81. I haven’t had my stocks for very long, so there’s still a chance that they will do great… even Wish. I also buy stocks instead of play the lottery. The stock market is gambling for me, which is why I stay close my $30 a month limit.

Stock Tracking Chart
StockStock CodePurchase DatePurchase Date PriceCurrent Price+ or –Total
GFL Environmental INCGFL01/14/21$38.17$41.67$3.50-$38.81
WishWISH02/01/21$41.44$13.69-$27.75
Bombardier Class ABBD.A02/19/21$0.84$1.12$0.28
Bombardier Class BBBD.B02/19/21$0.58$0.90$0.32
Psychadelic ETFPSYK02/24/21$10.71$8.30-$2.41
PactivePTVE03/02/21$18.64$13.94-$4.70
VizioVZIO03/29/21$27.44$23.14-$4.30
SEMrush Holdings INCSEMR03/29/21$15.30$16.17$0.87
ThredUpTDUP04/20/21$20.28$19.38-$0.90
CricutCRCT04/20/21$26.72$23.00-$3.72
Lobster Shorts finances, stock market

April 2021 Stock Purchase and Updates

Disclaimer: I am not a financial professional. This my own personal, uneducated journey through the stock market. Do not use this blog for financial advice.

I bought my April stock a little early, but since it is almost April, I went ahead and made the purchase. I bought two stocks and went a little over budget. Not because I was positive these were sure things, it was because I felt like it. These were both USA stocks, so I had to pay a conversion rate for them.

The first was Vizio (VZIO), they sell smart TVs. I bought one share for $21.47 with a conversion rate bringing the total for one share to $27.44. I picked this one because most people have smart TVs and I can’t see them losing popularity any time soon. The second stock I bought was one share of SEMrush Holdings Inc (SEMR) for $11.97 with the conversion rate bringing the total to $15.30. SEMrush has something to do with online marketing campaigns and ads.

I had also wanted to buy a stock in InnoVage Holdings Corp (INNV) an American company that deals with senior care, but I was over budget already. I thought this might be a good one as we have an aging population. Possibly it will be my pick for next month. I was also interested in stock in Joann Inc (JOAN), the American craft store (one share around $10.00. My instinct was to pick this one right away as I love crafts, but when I compared it to Michaels, the other big craft store that has been around forever, the stock was worth around $20.00. Although that is double the price, after I pay the conversion rate, I wouldn’t be that much ahead and that is only if the stock caught up to Michaels. I may regret that decision one day, but for now that’s what I chose to do. I really want to buy a share of MITC the 3D meat printing company (Meat-Tech), but they were currently not available on the Wealthsimple platform. This is the one I wanted the most and I’m hopeful it will available on my trading platform soon. I requested it, but they haven’t added it so far. I would probably break my budget rules (again) if it becomes available soon.

Here’s a list of how my current stocks are performing:

GFL bought January 14/2021 for one share at $38.17, currently worth $42.79.

WISH bought Feb 01/2021 it was $31.85 + conversion fees, costing a total of $41.44 for one share, currently worth $15.61. I’m getting really screwed with this one. This is the one I thought would go up really fast as Wish is such a big company.

BBD.A bought Feb 19/2021 for one share at $0.84 for one share, currently worth $1.03.

BBD.B bought Feb 19/2021 for one share at $0.58, currently worth $0.87. This one is performing surprisingly well. I’m tempted to buy a couple more shares.

PSYK bought Feb 24/2021 for one share at $10.71, currently worth $8.32

PTVE $14.51 +1.28 exchange rate fee, for a total of $18.54 bought March 02/2021 – currently worth – $13.92

Currently, I’m more in the hole than profiting, but I’m going to hold onto the stocks that are doing poorly anyway and hope they come up in value.